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    Elimu Holdings Limited:: Lipa Karo na MPESA

    ELIMU LIPA KARO NA MPESA SYSTEM

    Elimu provides a system that connects Mpesa Paybill payments with all the student details in automated and real time reports. The system uses the school’s Paybill number and student records to generate detailed payment statements for the school. The reports provide the name of the student, the admission number, the class, the amount paid and the parents’ names. The school can generate these reports at any time. 

    Detailed Student Payment Reports

    Elimu Lipa na Mpesa Detailed Reports

    School Account and Paybill Connection
    The school’s Paybill number is directly connected to the school’s official bank account. All monies paid via the Paybill number can only be accessed from the school’s bank account thus ensuring security and accountability of funds. 
    Our System’s Unique Work
    The software manages the inflow of funds and allocates them to the specific student’s account. The software can be a standalone, whereby it can run on its own, where it can create statements for a particular student showing the way school fees has been remitted over time. The system also gives an SMS response to the parent with the complete student details whenever they make a payment.
    Charges
    There is a one-off system set up charge of KES 50,000 and an annual maintenance & service fee of KES 10,000. The charge per transaction is KES 20 and is paid by the sender over and above the normal school fees and Mpesa fees. Elimu will invoice the school for all the charges collected every month.

     

     

     

    The School Paybill Number and Bank Account Connection

    The Paybill number belongs to the school. The school’s Paybill number is directly connected to the school’s official bank account. All monies paid via the Paybill number can only be accessed from the school’s bank account thus ensuring security and accountability of funds. 

    Our System’s Unique Work

    The software manages the inflow of funds and allocates them to the specific student’s account. The software can be a standalone, whereby it can run on its own, where it can create statements for a particular student showing the way school fees has been remitted over time. The system also gives an SMS response to the parent with the complete student details whenever they make a payment.

    Charges

    In the period November to December, 2014, there is a waiver on the one-off system set up charge and the annual maintenance & service fee. The only charges levied are the system transaction fees.

    Documentation Requirements:

    The school will need to provide us with

    1. Copy of Certificate of Registration

    2. Copy of KRA PIN Certificate

    3. Sign the MPESA Contract here

    4. Sign the MPESA Application Form here

    5. Sign the School Tarrif Schedule here




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